Jorge Caballero, MDSep 28, 2023

Just took another look at the terms that ended the writers' strike and what stands out to me is that the total value of the deal is $233 million/year. To put that into perspective: Disney's streaming revenues were $5.5 billion *last quarter* and Netflix's profit was $1.5 billion *last quarter*

Upshot: the studios and streamers shut down production over a friggin rounding error on their accounting spreadsheet. smdh.

Show threadJorge Caballero, MDSep 28, 2023
This begs the question: why are executives at studios and streaming platforms still unwilling to reach a deal to end the actors' strike, so that everyone can finally get back to work? Is their pride clouding their judgment? Or is their greed so insatiable that they're willing to literally risk making zero money instead of sharing a tiny, tiny bit more of the wealth with actors?
Show threadSteve's Place
@DataDrivenMD AI actors don't eat, sleep, picket or even gripe that they are paid $0. That might have something to do with it.
Sep 28, 2023 at 3:28amWeb